Opinion

The initiative’s applicability to both GP and portfolio companies means it is emerging as a ‘gold standard’ in private markets.

It’s a rewarding time to be invested in private debt, but no one should get too carried away by the hype around the asset class.

Hedging was arguably under-utilised in the run up to the ‘higher for longer’ rate environment

In a podcast published this week, a leading covenant expert and lender representative insisted private debt has no room for complacency when it comes to fair documentation.

A ratings agency and an investment and advisory firm appear to have two contrasting views of one of private credit’s hot topics.

Leverage may be overestimated as a hidden danger within private debt, but the asset class creates its own issues due to a lack of data.

Investors in Asia-Pacific and the Middle East have not shown a great deal of support for the private debt asset class up to now. Some think that may be changing.

When the value of a brand is seen to have eroded, the chances of a company emerging as a going concern are significantly depleted.

In growing quickly, private debt has assumed a greater degree of importance as a source of liquidity – accompanying that come fears over what happens if things go wrong.

… and tell Andy Thomson how they view the industry’s progress on ESG. Views range from the sceptical to the optimistic.